Unemployment rates hit historic high for August

NWT Bureau of Statistics says employment in the NWT rose by 200 workers causing unemployment to jump to 11.3 per cent.

According to the NWT Bureau of Statistics, the unemployment rate rose to a historic high in August.

As a result of more people seeking employment the employment rate also increased from July to August.

“These changes suggest an increase in economic activities following the relaxation of constraints introduced to contain the coronavirus,” states the report.

Employment in the areas of finance, insurance and real estate saw the most gains with a month-to-month increase among females, Indigenous persons, and those living outside of Yellowknife in the workforce.

Employment rates in youth, ages 15 to 24, suggest a 700 person decline compared to the same month last year.

Across Canada, all provinces and territories recorded increases in employment rates.

Among them with the highest employment rates recorded in the country in August, were in the Yukon, NWT and Saskatchewan.

The next report will be published Oct. 9.

About the Author

Mariah Caruso
Mariah Caruso is a digital journalist, originally from Toronto, Canada. She graduated from the University of Toronto with a Hons. Bachelor of Arts and completed her Journalism post-grad at Sheridan College. She has an insatiable appetite for life, storytelling, connecting to the people, and getting to the heart of the issue. On her spare time, you can find her at your local coffee shop writing songs, poetry and prose or at the gym out-lifting men. If you have a story idea, feel free to send her an email at mariah.caruso@cklbradio.com or call 867-766-2552 Ext 108